Whether you’re a beginning farmer or an experienced operator, you’re probably no stranger to the unsteady cash flow that’s typical of the annual production cycle of agriculture. Lines of credit are an effective agriculture financing tool that gives producers the purchasing power they need throughout the entire year. And if you’ve been thinking about an operating line, or just want to know more about what options are out there, this episode is for you! In this episode, our hosts get together to discuss exactly what lines of credit are, how they’re structured and give examples and scenarios of how they determine a line of credit for various types of producers and situations.
Resources mentioned in this episode:
Ep. 4: Balance Sheets https://www.agcredit.net/news/episode-4-what-are-year-end-balance-sheets-and-how-build-them-credit-analyst-joel-althauser
Show Notes:
https://www.agcredit.net/news/
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